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Tillinghast-Towers Perrin, U.S.
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Attorneys and Legal Information
It is too large in that some direct "costs" merely shift money from injurers to victims and thus are not true costs to society as a whole. In economic terms, payments that do not involve any use of resources to produce goods or services are called "transfer payments.
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Attorneys and Legal Information
18 (1999), pp. 491-522, and "Medical Malpractice Liability and Its Effect on Prenatal Care Utilization and Infant Health," Journal of Health Economics, vol.
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